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  Business   In Other News  29 May 2018  IT Dept extends date for sending suggestions on new direct tax

IT Dept extends date for sending suggestions on new direct tax

ANI
Published : May 29, 2018, 8:53 am IST
Updated : May 29, 2018, 8:53 am IST

CBDT said that the term for sending suggestion and feedback has been extended by a period of three months.

The feedback earlier had to be mailed to the department at rewriting-itact@gov.in by April 2. (Photo: PTI)
 The feedback earlier had to be mailed to the department at rewriting-itact@gov.in by April 2. (Photo: PTI)

New Delhi: The Income Tax Department's Task Force has extended the date for sending suggestions or feedback on existing Income-Tax Act, 1961 and drafting a new direct tax law till June 15.

In a statement, Surabhi Ahluwalia, Commissioner of Income Tax (Media & Technical Policy) and Official Spokesperson of Central Board of Direct Taxes said that the term for sending suggestion and feedback has been extended by a period of three months.

 

Earlier, the department had asked for suggestions and feedback from stakeholders and general public to review the existing Income-Tax Act, 1961 and to draft a new direct tax law in consonance with economic needs of the country.

The feedback earlier had to be mailed to the department at rewriting-itact@gov.in by April 2, in the format provided on the departmental website www.incometaxindia.gov.in. 

Tags: income tax department, direct tax, income tax act, cbdt
Location: India, Delhi, New Delhi